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it's a beg thy neighbor. everybody is printing -- >> at the core of what the fed is trying to do is phillips curvean in that they're trying to trade short-term gains in unemployment for modest upticks in inflation. if they get their way, presumably the gold bowls will come back out of the woodwork. >> if it goes from 200 to 1, 800, it's anticipated. >> how much did that suit cost? >> not very much. tie's a different story. >> not $1,800? >> no, not $1,800. >> you should be able to buy a suit for an ounce of gold. that's always been the -- >> i was not aware of the suit-to-gold ratio. >> suit-to-gold ratio. you -- never, never been your -- >> suits -- >> you've always need good five or six troy ounces to buy -- >> you buy a brioni suit, can you pay in gold bars? >> that's how i usually do. it. >>> real quick, boxing day according to wikipedia, traditionally the day following christmas when servants and tradesmen would receive gifts from their supervisors. this was an old english tradition apparently when servants would wait on their masters on christmas day, the servants of the we
. so, i'm begging members of congress, and the executive, to please get something done here that reassures consumers, reassures business operations, most important of all, to create the jobs in america, and these are permanent jobs that we want to have created. please provide them with the incentive to use the monetary wherewithal, whether it's the right amount or an excessive amount which i would argue, but that's not the issue. the issue is, they need to be incentives to use widely available liquidity, the lowest interest rates in american history, put it to work, to create more american jobs, and increase american prosperity. >> if we're really arguing -- >> unless they do that they will have failed the american people. >> the fiscal cliff brings a lot of austerity very quickly. but we all think that, you know, sooner or later we need some type of austerity, whether it's on a scale, you know, like the fiscal cliff is a 10, we don't want a deal that is a 1, that just, you know, that doesn't cut spending, that doesn't raise revenue. so i just worry that, you know, we seem l
up under most of the proposals. >> but this all begs the question of a great example this whole fiscal cliff the conversation we're having right here around the table about the simplification of our tax system. we laid out back during the campaign was basically a 20% flat tax across the board and gets away from all of these exemptions and all of the quite frankly you having to have two cpas and a lawyer to be able to do your taxes. and that's where washington really needs to be focused when we talk about what do they really need to be doing up there talking about spending obviously and talking about how you simplify the tax code in this country. allowing that -- the foreign dollars that are raised offshore to come back in here at a relatively low tax rate. to be able to drive the economy of this country. that's what they need to be talking about instead of the -- >> the only people that want a complicated tax code are the lobbyists. people may argue over the end rate but --? the current administration wants a complicated tax code, too, because the more you keep it complicated, t
Search Results 0 to 2 of about 3